Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP
Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP

HSBC boss Noel Quinn writes letter to reassure Hong Kong shareholders after sharp three-day drop in stock price

  • HSBC cancelled its dividend, suspended buy-backs on Wednesday after request from UK regulator
  • Shareholders have punished the bank’s stock, sending it down 14 per cent over three days

Topic |   HSBC: Latest news and updates
Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP
Noel Quinn, pictured, sent a letter to each of the bank’s shareholders in Hong Kong on Friday. Photo: AFP
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